6 Factors to Consider Before Trading in a Vehicle

Are you in the process of shopping for a new vehicle?

Buying a new car or truck is an exciting experience in Wichita, Kansas, but it can also be a bit stressful. After all, you’ll need to find the perfect vehicle for your needs and think about what to do with your current vehicle.

But before you trade in a vehicle, there are a few things you need to keep in mind. Here we take a look at some of the most important factors to consider when trading in a vehicle for the purchase of a new one. Keep reading to learn more.

1. Know the Value of Your Vehicle

Start by doing some research. There are plenty of useful online resources that make it easy to determine the value of your current vehicle.

You’ll need to know a few details, including the make and model, trim level, current condition, and mileage before getting a realistic estimate of its trade-in value.

2. Understand Your Options

When researching the value of your current vehicle online, you can also see the price differences between trading in your vehicle, selling to a private individual, or selling it to a company that buys junker cars.

This will help make it much easier to understand how to get the most money for your old car so you can apply the cash to your new purchase.

3. Take Care of Minor Dings and Scratches

Once you’ve decided to trade in your vehicle, be sure to touch up any small dings and scratches in the paint. You might not be able to do much about dings, but using a touchup pen will help maximize the value of your traded in vehicle.

4. Don’t Worry About the Tires

You might be tempted to buy new tires to ensure the trade-in price, but you’d be wise to keep your money. After all, a new set of tires likely won’t increase the trade-in price enough to justify the expense.

5. Have the Interior Professionally Detailed

And yet it might be worth spending a few dollars having the interior professionally detailed before trading it in. This is a minor expense that could help you negotiate the best possible trade-in price for your old vehicle.

6. Choose the Right Dealer

It’s important to keep in mind that every dealer will make a different offer on your trade-in. Most dealers will make some type of offer on your trade-in in an effort to close the deal, but you’ll quickly discover that some will offer more than others.

The key is to determine the exact make and model of the new vehicle you’re looking for, and then get several offers on your trade-in before making a final decision.

A Guide to Trading in a Vehicle

It’s no secret that finding the new vehicle of your dreams is a special event. The key is to decide whether trading in a vehicle for a new one is the best option for you and your family.

Please contact us today to learn about our inventory of quality vehicles at Parks Chevrolet in Wichita and Augusta.